Most expensive cities
Scandinavian cities step up the ranking of the most expensive in the world due to the improved strength of the Euro against most currencies, according to the latest Cost of Living report.
Photo: Anita Reiman© Text: Travel Trade Outbound Scandinavia
Oslo, Stockholm, Copenhagen and Helsinki are in the top 10.
Reporting the cost of consumer goods and services in locations around the world for over 45 years, global mobility specialist, ECA International (ECA) captured the data in late February and early March of this year (2020), when many countries were in the midst of battling the first Covid-19 peak, or about to be hit by it. Central London enters the top 20 in Europe and the top 100 in the world for the first time in four years (94th), overtaking several European cities including Antwerp, Strasbourg, Lyon and Luxembourg City, as well as most major cities listed in Australia.
ECA International’s Cost of Living Survey compares a basket of like-for-like consumer goods and services commonly purchased by international assignees in more than 480 locations worldwide. The survey helps businesses to ensure that their employees’ spending power is maintained when they are sent on international assignments.
Switzerland continues to be one of the most expensive countries in the world, dominating four of the top five most expensive cities. An example of the price disparity, an average medium cappuccino at a café in Zurich costs GBP 4.80, compared to GBP 2.84 in Central London, while a ‘takeaway meal’, such as a burger, fries and a drink, costs GBP 11.36 in Zurich compared to GBP 6.24 in Central London.
Global Top 20 Most Expensive Locations for Expatriates
|Hong Kong||Hong Kong||6|
|Manhattan NY||United States of America||16|
|Honolulu HI||United States of America||20|
European Top 20 Most Expensive Locations for Expatriates
|Central London||United Kingdom||16|
10 Perfect Spots in Lithuania for Adventurous Honeymoon
7 Magic Outdoor Attractions in Deep Forest Green Lithuania
Leaves most of the world out
Thailand allows entry to several groups of foreigners from 1 July
Arcus Air Group sells cargo division to Chapman Freeborn Airmarketing GmbH
Ko Tao praised for strong coral reef conservation
TAT unveils strategy for "new normal" tourism recovery
Thailand launches certification scheme to enhance tourism health and hygiene standards
Air travel losses $63 billion
Tourism Authority of Thailand (TAT) introducing Shade of Responsibilities f rom Surat Thani province
We have the hundreth recipient of the Slovenia Green Label
Chaos at US airports
Tel Aviv’s master plan to become one of the most popular urban destinations in the world
Travel warning for South East Asia